Over 5,000 people are to attend the 20th World Petroleum Congress, which runs until December 8 in Doha, Qatar. The theme for the conference (Energy Solutions for All - Promoting Cooperation, Innovation and Investmen) is to focus discussion on providing universal access to reliable, affordable and sustainable energy for the future.
The conference programme, which includes plenary sessions, best practice keynote speeches, fora, special sessions, ministerial sessions and round tables, will be organised around five thematic blocks: natural gas, exploration, innovations in refining and downstream, complementary energy sources and sustainability. The inaugural session of the event, which will see over 600 expert speakers and industry leaders, has been opened under the patronage of Sheik Hamad Bin Khalifa Al Thani, Emir of Qatar.
In a keynote speech, Minister of Energy and Industry Dr. Mohammed Bin Saleh Al-Sada (pictured) welcomed attendees, called for further co-operation to meet challenges in the sector, and further scientific and research development. He added that meeting the world’s energy needs in the future would require substantial investment. “The International Energy Agency has estimated that the amount of global investments needed to meet the growing demand on energy between 2011 and 2035 is around $38tr dollars, of which $20tr dollars is required for oil and gas-related investments. This means that the huge investments allocated by producers of traditional energy for developing their natural resources will need to be met with accurate information on the needs of consumers and with future plans to reduce margins of investment risks,” he noted. “The future of the energy industry is a mutual responsibility that depends on the pledges we undertake as producers or consumers on the extent of cooperation and dialogue among governments and international organizations, and among international and national oil companies.”
PetrolWorld 05122011
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